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Sia ? 6 years, 1 month ago
A profession is something a little more than a job, it is a career for someone that wants to be part of society, who becomes competent in their chosen sector through training; maintains their skills through continuing professional development (CPD); and commits to behaving ethically, to protect the interests of the public.
Posted by Aditi Dusad 4 years, 4 months ago
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Sia ? 4 years, 4 months ago
- An entrepreneur is a person, or a team of individuals, having a vision, which not just generates money, but can also ease the way in which things are done, by providing such products and services that has value to the customer, while taking all the risks, which comes in the way. Conversely, entrepreneurship is an art of turning an idea into reality, which is not only about arranging the resources to give shape to the idea but constantly making efforts in that direction, to earn profit in future and bearing all the risks or rewards.
- An entrepreneur is just a person having a unique and practical idea in his/her mind. As against, entrepreneurship is the process of starting and running a business of providing creative products and services.
- An entrepreneur is an innovator, as he/she conceives an innovative idea, which is not yet introduced by anyone else in the market. On the contrary, entrepreneurship is the way through which one can make innovations.
- An entrepreneur establishes the business venture, in order to convert the idea, into a product or service, which can help many by easing the way work is performed previously. In contrast, entrepreneurship is all about undertaking the business and bearing all the risks that come in the way, to give a proper shape to the entrepreneur’s vision.
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Thakur Harshita Singh 6 years, 1 month ago
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Yogita Ingle 6 years, 1 month ago
| Meaning | Entrepreneur refers to a person who creates an enterprise, by taking financial risk in order to get profit. | Manager is an individual who takes the responsibility of controlling and administering the organization. |
| Focus | Business startup | Ongoing operations |
| Primary motivation | Achievement | Power |
| Approach to task | Informal | Formal |
| Status | Owner | Employee |
| Reward | Profit | Salary |
| Decision making | Intuitive | Calculative |
| Driving force | Creativity and Innovation | Preserving status quo |
| Risk orientation | Risk taker | Risk averse |
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Sia ? 6 years, 2 months ago
Most Common Entrepreneurship Myths
- The only requirement is a good idea.
- Starting a new business guarantees freedom.
- Starting a new business guarantees freedom.
- Only money motivates employees.
- Businesses either flourish or fail.
Nikhil Kumar 6 years, 2 months ago
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You can check marking scheme in the syllabus here : https://mycbseguide.com/cbse-syllabus.html
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Business ethics can be defined as the code of conduct that a business must follow, such that it takes up only those activities that are desirable from the viewpoint of society. The purpose of business ethics is to guide managers and other employees in an organisation in performing their jobs in a manner that is socially acceptable.
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Sia ? 6 years, 2 months ago
Entrepreneur is a person who sets up a business or businesses, taking on financial risks in the hope of profit.
Thakur Harshita Singh 6 years, 1 month ago
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